CROSS CUTS THE BOTTOM OF THE SEA
Cobalt-rich, manganese- oxide crusts, forming a thin layer of mineralization which covers some areas of the ocean floor in shallow water off the west coast of the U.S., have subplanted manganese nodul…
Articles by Northern Miner Staff
Canhorn options Gem Lake claims
Canhorn Mining Corp. has optioned its Gem Lake property to Mutual Resources. The Gem Lake ground is located in the Rice Lake area of Manitoba. Mutual, which is an affiliate of Teck Corp., has the righ…
EXPLORATION ’87 FALCO. COPPER
Control of Corporation Falconbridge Copper (cfc) changed hands in 1986 with the sale of 50% of its shares by Falconbridge Ltd. to Kerr Addison Mines. Kerr is enthusiastic to see cfc continue to operat…
50 YEARS AGO –MARCH, 1937– DOME’S SCHUMACHER WAS “SWEET BUY”
The first seven months’ work on the Schumacher veteran lot bought by Dome Mines shows the purchase price, plus 100% profit, already in sight. Bought late in May, 1936, this 160-acre lot, adjoining the…
LAW Some Ins and Outs of Royalties
Royalties, which have been a part of Canada’s mining industry since it began, come in all shapes and sizes. Their one common factor is that they require the grantor to pay money to the royalty-holder….
McAdam is an undervalued play
On the lookout for undervalued gold stocks? One that fits the bill is Toronto-listed McAdam Resources. The combination of its property portfolio, competent technical management and strong financial po…
Obituary – Veteran prospector A.E. Lafontaine dies
A veteran prospector who was well known throughout the mining industry within which he worked for 65 years, Amedee Frederick Lafontaine, died at Thunder Bay, Ont., at the age of 87. Born at Compte Lav…
ON THE MOVE Fisher Controls Co.
Joseph Gaetan is the new plant manager of Fisher Controls Co. of Canada’s Woodstock, Ont. facility. He was previously, for four years, the general manager of Fisher’s Edmonton, Alta., service company…
EXPLORATION ’87 GETTY
Formed in mid-1986 from the subsidiaries of Getty Oil Co., Toronto- listed Getty Resources appears to have a bright future. Richard Atkinson, who successfully led a group of private investors in the p…
Over $11 million to be raised for Golden Triangle
Golden Triangle Mining Exploration says it has an agreement with Golden Day Explorations and Co., Ltd. Partnership, for the latter to provide Golden Triangle with up to $11,305,000. Golden Triangle wi…
Marker earmarking $2m. for exploration
Marker Resources says the First Exploration Fund 1987 has committed $1 million for Marker’s exploration programs this year, and a further $1 million for the 1988 program. Marker plans a drill program …
Noranda workers vote to accept new contract
Employees of Noranda Minerals, Horne Division and Chadbourne Division, on strike since Nov. 5 of last year, agreed to a new 3-year contract with the company effective Feb 23. The Rouyn-Noranda area wo…